Depreciation of new RVs
Some time ago there were several posts regarding the seemingly excessive depreciation of RVs. I can't find anything now, so does anyone have a good guide of what to expect?
Forum Discussion
donn0128 wrote:An RV is going to depreciate much faster than that. No way a 10 year old RV is worth 50 percent of new vehicle MSRP or original purchase price for that matter. Furthermore, a 2 year old used RV is going to depreciate much more than 20 to 25 percent. Automobiles depreciate around 35 to 40 percent after 2 years, and I suspect RVs depreciate even more rapidly due to limited demand and limited financing options. Buying an RV is not a money making endeavor, to say the least.
You can figure 20-25% the first two years. 50% at around the 10 year mark. Of course that is based on condition, and how you take care of it.
